Cytodyn Inc (CYDY)

[fred198484]

They are really taking this thing down to the wire. Clearly, they are scraping by for funds with the share sales getting smaller and more frequent and now paying consultants in warrants. It is definitely all or nothing with CYDY. If they are unable to produce something in terms of data or a partnership in the next two weeks, the company is bankrupt. They desperately need something that would convince the warrant holders to pull the trigger and provide enough capital until another raise is required. The fact that the consultant was willing to take payment in warrants may be a good sign, however, as that consultant may know more about the situation than we do and may know there is a good outcome likely. On the other hand, it could just be a situation where the consultant really had no options - either they take the warrants or they get nothing.

In any event, we are clearly going to find out something important very soon as the cash is not there to keep things moving forward. Either something very positive happens or the company shuts operations.